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SCHOOL DISTRICT QUESTION 1 (ISD #278)
Revoking Existing Capital Project Levy Authorization; Approving New Authorization
The board of Independent School District No. 278 (Orono Public Schools) has proposed to revoke its existing capital project levy authorization of 2.539% times the net tax capacity of the school district and to replace that authorization with a new authorization of 5.023% times the net tax capacity of the school district.
The proposed new authorization will raise approximately $2,109,804 for taxes payable in 2020, the first year it is to be levied and would be applicable for ten years. The estimated total cost of the projects to be funded over that time period is approximately $21,098,040.
The money raised by the proposed authorization will be used to provide funds for the acquisition, installation and maintenance of technology to improve teaching and learning.
Shall the school district's existing capital project levy authorization be revoked and the new capital project levy authorization to fund technology proposed by the board of lndependent School District No. 278 be approved?
BY VOTING "YES" ON THIS BALLOT QUESTION, YOU ARE VOTING FOR A PROPERTY TAX INCREASE.
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